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Music Streaming Platform Audius Launches Full Solana NFT Integration

Audius, the blockchain-based music streaming platform, has launched full Solana NFT integration, allowing its more than six million users to begin featuring digital collectibles from the Solana library.

It has been reported that the integration will occur through Phantom, Solana’s multichain wallet, and browser extension. The new features will be available to Audius’ silver tier profiles, accounts holding more than 100 of the platform’s native AUDIO tokens.

Roneil Rumburg, the co-founder and CEO of Audius, said:

“Tooling from Metaplex and the Audius integration with Phantom made it possible to ship Solana support while maintaining the usability bar that Audius has become known for.”

However, Audius has been in the headlines after it announced a new partnership with TikTok, the popular social media platform. The partnership allows Audius users to share songs directly on TikTok for the purpose of creating short videos. Since launching in 2017, TikTok has become one of the world’s largest social media platforms, boasting nearly 1 billion monthly active users.

The report said that NFTs have permeated mainstream consciousness thanks to high-profile celebrity endorsements, multi-million-dollar collections, and a growing recognition that digital collectibles are the future. NFT sales reached $900 million in August alone, easily shattering the previous monthly record set in May at $255 million.

Thus, investors are shelling out millions of dollars on CryptoPunk NFTs and are even paying high six-figure sums for pet rock collections centered around Ethereum.

Source: Cointelegraph


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